Mnuchin: Iran must address 'systemic money-laundering'

Fox Business ^ | June 21, 2019 | Thomas Barrabi

[BeauBo]

Treasury Secretary Steven Mnuchin warned on Friday that Iran’s financial system will soon face additional penalties if the nation doesn’t comply with international guidelines to combat money laundering. Mnuchin’s remarks at a 2019 summit for the Financial Action Task Force, an international organization with a mandate to police money-laundering and the financing of terrorist networks... Trump added that “sanctions are biting” Iran’s economy and that additional penalties were “added last night.” The latter remark was a reference to the FATF’s warnings

[BeauBo]

Well it may turn out that shooting down that drone costs the mullahs more than it does the US.

Fun fact: As of last month (May 2019), the IRGC (who corruptly run about half of Iran's economy) are now officially designated as terrorists.

[eyeamok]

international guidelines to combat money laundering

I guess they have never heard of HSBC where Comey Worked???

HSBC and the world’s oldest drug cartel

HSBC was founded after the second of the Opium Wars, by which time the trade was already well established. The founders included several opium traders who recognised the profitable banking opportunities presented by the new market.

https://www.taxjustice.net/2015/02/27/hsbc-and-the-worlds-oldest-drug-cartel/

[thinden]

money laundering? Iran?

what else you gonna do when somebody drops a cargo plane with 1.4 billion palletized cash on board??

[Redwood71]

Expect this for an answer: آن را بچسبان "Stick it" rwood

[BeauBo]

Diplomats say the United States has asked for a closed Security Council meeting on Monday on recent developments regarding Iran and the latest tanker incidents.